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Friday, January 29, 2010

I finally have new trendlines!

This is the SPY intraday 60-min. chart:


as you can see, we have a descending channel taking place. A break out above the channel, I would suspect, will yield a move toward the thicker sloping trendline. TRADE IT!
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did anyone take some shorts when the SPY hit the 200-MA on the 10-min? PROFITS!

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